CW Advisors LLC Acquires 5,361 Shares of Anheuser-Busch InBev SA/NV $BUD

Key Points

• CW Advisors LLC increased its holdings in Anheuser-Busch InBev SA/NV by 101.6% during the first quarter, owning 10,639 shares worth $655,000 by the end of the period.
• Institutional investors have shown significant interest, with multiple firms like Sequoia Financial Advisors LLC and Pinnacle Financial Partners Inc boosting their positions in the company.
• According to analyst reports, Goldman Sachs upgraded Anheuser-Busch from a "neutral" to a "buy" rating, raising the target price from $70.10 to $88.00.

CW Advisors LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 101.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 10,639 shares of the consumer goods maker's stock after purchasing an additional 5,361 shares during the period. CW Advisors LLC's holdings in Anheuser-Busch InBev SA/NV were worth $655,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in BUD. NewEdge Advisors LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 12.5% during the 4th quarter. NewEdge Advisors LLC now owns 8,227 shares of the consumer goods maker's stock valued at $412,000 after purchasing an additional 912 shares during the last quarter. First Trust Advisors LP bought a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at $585,000. Dimensional Fund Advisors LP grew its holdings in shares of Anheuser-Busch InBev SA/NV by 2.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 102,196 shares of the consumer goods maker's stock valued at $5,117,000 after purchasing an additional 2,486 shares during the last quarter. OneDigital Investment Advisors LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 28.2% during the 4th quarter. OneDigital Investment Advisors LLC now owns 5,890 shares of the consumer goods maker's stock valued at $295,000 after purchasing an additional 1,296 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. bought a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at $384,000. Institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Trading Down 0.1%

NYSE BUD traded down $0.05 during trading on Monday, hitting $62.60. The company had a trading volume of 1,490,537 shares, compared to its average volume of 2,174,519. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13. The company has a market cap of $112.50 billion, a price-to-earnings ratio of 17.58, a price-to-earnings-growth ratio of 1.76 and a beta of 0.79. The company's fifty day moving average is $65.19 and its 200-day moving average is $64.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, topping the consensus estimate of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. During the same period last year, the firm posted $0.90 earnings per share. The firm's revenue for the quarter was down 2.1% compared to the same quarter last year. On average, sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Wall Street Analyst Weigh In

BUD has been the subject of a number of recent analyst reports. Wall Street Zen lowered shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a report on Sunday, May 18th. BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a report on Friday, May 30th. Finally, The Goldman Sachs Group upgraded shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and upped their price target for the company from $70.10 to $88.00 in a report on Monday, May 12th. Three investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $71.50.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.